Daylight, supported by a16z, has launched a new DeFi protocol aimed at bringing the electricity market onto the chain. （CoinDesk）

[Bitwise 10 Crypto Index ETF to Upgrade to NYSE Arca Market] Bitwise Asset Management announced that the Bitwise 10 Crypto Index ETF (BITW) will be upgraded to the New York Stock Exchange Arca market. BITW holds the 10 largest crypto assets by market capitalization. Under the new structure, BITW will allocate 90% of its holdings to assets held by existing single-token ETPs (currently including BTC, ETH, SOL, and XRP), with the weight of other assets limited to 10%. If other assets receive the same regulatory approval, BITW will be able to include them in the 90% holdings category.

ARK Invest CEO Cathy Wood stated on Fox Live that the bottom of Bitcoin has emerged and believes that Bitcoin's four-year cycle will be broken. （The Bitcoin Historian）

[CryptoUK Joins The Digital Chamber to Promote UK-US Crypto Regulatory Collaboration] The UK crypto industry association CryptoUK has joined the US crypto advocacy organization The Digital Chamber. The two parties will share resources and strengthen cross-jurisdictional cooperation to assist in the formulation of UK-US crypto regulatory rules. CryptoUK Executive Director Su Carpenter stated that this collaboration comes at a critical moment for UK-US regulatory alignment and will bring broader influence to the industry. Currently, the US is advancing stablecoin legislative details, while the UK is adopting a phased regulatory approach and striving to become a global crypto asset hub.

MicroStrategy founder Michael Saylor stated that once the United States starts accumulating Bitcoin, China will follow suit. （Cointelegraph）